Multiple Choice
The marginal propensity to save equals the
A) change in savings resulting from a one dollar change in disposable income.
B) change in savings from a change in consumption expenditure.
C) average amount of income saved.
D) ability to save the same percentage of income each month.
Correct Answer:
Verified
Correct Answer:
Verified
Q259: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q260: In the Keynesian model of aggregate expenditure,
Q261: Suppose the consumption function is given by
Q262: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q263: In an economy with no income taxes
Q265: If the price level is constant, a
Q266: If the multiplier is 6 and exports
Q267: The MPC is equal to<br>A) △ C
Q268: A fall in the price level<br>A) shifts
Q269: The size of the multiplier<br>A) is unaffected